Neurala closes $14M Series A to bring machine learning to the edge
Artificial intelligence is swiftly becoming a commodity thanks to the rise of AI-as-a-Service offerings from Amazon and IBM. Today, Neurala is joining this list thanks to a $14 million Series A led by Pelion Ventures. The team is looking to put AI in the hands of toy makers, drone enthusiasts and IoT engineers alike.
Neurala’s real value-proposition is its ability to execute machine learning frameworks, locally, with limited resources. The startup promises incremental learning so that devices, not connected to a network, can continue to learn and update after field deployment. For time-sensitive industries, being able to compute and train locally is critical.
Read more: https://techcrunch.com/2017/01/17/neurala-closes-14m-series-a-to-bring-machine-learning-to-the-edge/
